Mag7 just vaporized over $5 trillion from their peaks
by Sufficient-Juice2978 Microsoft: -32.2% Meta: -31.0% Tesla: -18.2% Nvidia: -17.5% Amazon: -16.5% Google: -16.1% Apple: -8.7% Market weight impact The “Magnificent 7” account for more than 30% of the total market capitalization of the S&P 500. A concentrated drawdown among these names can drag down the Nasdaq and broader indices, triggering follow-on selling and capital …